Skip Navigation

Close and don't show again.

Your browser is out of date.

You may not get the full experience here on National Journal.

Please upgrade your browser to any of the following supported browsers:

Super Committee Expected to Announce Failure on Monday Afternoon Super Committee Expected to Announce Failure on Monday Afternoon

This ad will end in seconds
 
Close X

Not a member? Learn More »

Forget Your Password?

Don't have an account? Register »

Reveal Navigation
 

 

Super Committee: The Deficit Dozen (Subscribers) / SUPER COMMITTEE

Super Committee Expected to Announce Failure on Monday Afternoon

photo of Billy House
November 21, 2011

Barring any last-second deal, the deficit-reduction super committee is planning to admit its failure on Monday afternoon in a written, paper announcement—and likely won’t face the cameras or the nation, as a group.

Such a joint statement from the panel’s six Republicans and six Democrats is not expected to be released until late afternoon. The announcement may be delayed until after the close of the markets for the day.

Sources with knowledge of the committee’s activities say the panel will throw in the towel barring any last-second deal on Monday because it won’t reach agreement in finding at least $1.2 trillion in deficit savings by its Wednesday deadline.

 

The inability to reach agreement means $1.2 trillion in automatic cuts are to be triggered beginning in January 2013, including military spending.

As of Monday morning, aides said there were no indications the Joint Select Committee On Deficit Reduction would hold a press conference, as a group, where members could be called to the microphones to field questions about what went wrong.

The panel has conducted much of its work over the past two months behind closed doors.

More Super Committee: The Deficit Dozen (Subscribers)
Job Board
Search Jobs
Professional Development Program Engineer
American Society of Civil Engineers | Farmington Hills, MI
Biomedical Service Internship Position
American Society of Civil Engineers | Flint, MI
Deputy Director of Transit Operations
American Society of Civil Engineers | San Jose, CA
Structural Engineer
American Society of Civil Engineers | New Haven, CT
Transportation Planner
American Society of Civil Engineers | Salinas, CA
Assessment and Remediation Team Lead
American Society of Civil Engineers | Regina, SK
Quality Systems Manager
American Society of Civil Engineers | Greensboro, NC
Quality Engineer
American Society of Civil Engineers | Attica, IN
Senior Water Resource Project Manager
American Society of Civil Engineers | Fairfax, VA
Civil Engineering
American Society of Civil Engineers | Steamboat Springs, CO
Entry Level Geotechnical Engineer
American Society of Civil Engineers | Albany, NY
Sales Engineer-Process Automation/Instrumentation
American Society of Civil Engineers
Senior Project Manager- Transportation
American Society of Civil Engineers | San Antonio, TX
Materials Engineer 2
American Society of Civil Engineers | IL
Land Surveyor
American Society of Civil Engineers
 
Comments
comments powered by Disqus